Want to understand Barclays LIBOR fixing scandal? Jonty Bloom explains in a minute.

via @suttonnick

via last night’s Comedy Central, this is funny as always.

And watch for Stewart’s imitation of Obama too.

The Tyne Bridge Being hit by lightning

via @lee7oaks

Clip of the Dean Street Flood Fountain – literally moving paving stones

via @DavidsHickling

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Newcastle street

via Andrew Emmerson

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via rwarasaurus on Instagram

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Walkergate metro bridge

via @ZacWilson1

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via @Lyndsooo

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“This is how Newcastle looks at the minute”

via @JordanMolloy2

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“Floodwaters cause scenes from Hollywood blockbuster”

via @tomcummings5

From Amy Howe, of SCOTUS Blog on today’s ruling by the Supreme Court of the United States (SCOTUS):

The Affordable Care Act, including its individual mandate that virtually all Americans buy health insurance, is constitutional. There were not five votes to uphold it on the ground that Congress could use its power to regulate commerce between the states to require everyone to buy health insurance.

However, five Justices agreed that the penalty that someone must pay if he refuses to buy insurance is a kind of tax that Congress can impose using its taxing power. That is all that matters. Because the mandate survives, the Court did not need to decide what other parts of the statute were constitutional, except for a provision that required states to comply with new eligibility requirements for Medicaid or risk losing their funding.

On that question, the Court held that the provision is constitutional as long as states would only lose new funds if they didn’t comply with the new requirements, rather than all of their funding.

Ed Miliband MP, Leader of the Labour Party, speaking to reporters in Brighton today said:

“People struggling to make ends meet will be outraged and disgusted by the way bankers have been walking off with millions of pounds for rigging the market.

“First, we need criminal prosecutions, we need the full force of the law brought against those who have done wrong, and if they are found guilty and if their offences warrant it, they should go to jail.

“Second, we need proper regulation of the market because the rules at the moment are clearly not being enforced or are not working. If they do not allow for criminal prosecutions, they should be changed so that can happen.

“Third, we need to end the swaggering casino culture in banking that makes them think their responsibility is not to serve the public but to serve themselves: they think they are too big to fail, too powerful to be challenged.

“So this must be a wake-up call to the industry, which told us banks had put their house in order.

“Bob Diamond has big and immediate questions to answer. We want to know what happened, what he knew and when he knew it. And how this was possibly allowed to happen on his watch.

“The public and Barclays shareholders will hold him to account for those answers. And we should hear them straightaway.”